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Supply constraints and housing prices
Saku Aura () and
Thomas Davidoff
Economics Letters , 2008, vol. 99, issue 2, pages 275-277
Abstract:
We analyze the effects of supply constraints on housing prices. For plausible parameterizations, loosening regulatory constraints in individual jurisdictions would have little effect on prices, while coordinated loosening across markets could have large price effects.
Date: 2008
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Related works: Working Paper: Supply Constraints and Housing Prices (2006) Working Paper: Supply Constraints and Housing Prices (2006) This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:99:y:2008:i:2:p:275-277
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